Zwipe AS - Publication of second half-year report 2021

23 Feb 2022 07:58 CET

OSLO, NORWAY - 23 February 2022 - Zwipe AS today publishes its second half-year
2021 report.

Summary of financial development for the second half-year 2021:

· Revenues of MNOK 1.14 (MNOK 0.96).
· Operating expenditures increased to MNOK 57.5 (MNOK 31.3).
· EBITDA decreased to MNOK -49.2 (MNOK -29.1).
· Earnings per share of NOK -1.53 (NOK -0.93).
· Net cash used in operating activities in the period was MNOK -46.5 (MNOK
-21.1).
· Cash and short-term investments as at the end of the period amounted to MNOK
152 (MNOK 125).
· The Board of Directors proposes that no dividend be paid for 2021.

Please find the second half-year report
here (https://zwipe.com/assets/uploads/2022-02-22-Zwipe-2H-Interim-report-Final
-APPROVED-by-board.pdf)
The annual report 2021 will be released through a separate stock exchange
announcement shortly after this announcement.


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About Zwipe

Zwipe believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations, industries and cultures to make convenience safe and secure. We
are pioneering next-generation biometric card and wearables technology for
payment and physical & logical access control and identification solutions. We
promise our customers and partners deep insight and frictionless solutions,
ensuring a seamless user experience with our innovative biometric products and
services. Zwipe is headquartered in Oslo, Norway, with a global presence.

To learn more, visit zwipe.com

For more information, please contact:
Lars Kristian Solheim, CFO
+47?991?661 35
lars.kristian@zwipe.com

This is information that Zwipe AS is obligated to make public pursuant to the
continuing obligations of companies admitted to trading on Euronext Growth Oslo,
Nasdaq First North Growth Market and the EU Market Abuse Regulation. Certified
Adviser on Nasdaq First North is FNCA Sweden AB, info@fnca.se, +46 (0)8528 00
399. The information was submitted for publication, through the agency of the
contact person set out above, at 07:58 CET on 23 February 2022.

More information:
Access the news on Oslo Bors NewsWeb site

554634_Zwipe_AS_Publication_of_second_half_year_report_2021.pdf